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Affordable
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These days, finding an affordable place to live in the Centerton area can be challenging. Home prices in Centerton are now at a median cost of $423,781, higher than the Indiana average of $232,932.
The average cost of rent is $1,146/mo in Centerton, primarily driven by the current value of real estate in the Centerton area. In Centerton, 11.39% of households rent, and 29.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Centerton is $11,346 per month. Households that rent pay about 10.10% of their income on rent here. Centerton’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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